Schwab is pleased to announce the acquisition of optionsXpress.
The Charles Schwab Corporation, delivering on its ongoing commitment to enhance our trading capabilities, has acquired optionsXpress, a leader in options and futures trading. Here are just some of the trading capabilities optionsXpress currently offers:
It all adds up to enhanced trading capabilities for options and futures, innovative platform capabilities, and exclusive educational resources and commentary.
The Schwab concierge team can help you with answers to your questions.
You can also read our FAQs.
Find out more about the trading services from optionsXpress.
Read the FAQs.
Will Schwab and optionsXpress merge their trading platforms or will Schwab change its platform?
Over time Schwab intends to integrate the optionsXpress and Schwab trading tools to create an optimized trading experience. However, no immediate changes to Schwab trading platforms have been planned.
I’m interested in trading options. Should I open an account at optionsXpress or Schwab?
Choosing a broker for your options trading is your decision. We suggest basing your decision on what suits your needs best.
For help choosing a broker, please call the Schwab concierge team at 877-903-7545.
I am interested in trading futures. Does the acquisition mean I can trade futures in a Schwab account?
No, you will need to open an optionsXpress account to trade futures as Schwab does not currently offer futures trading in a Schwab account. Find out more about optionsXpress’s futures trading capabilities.
(Opening an optionsXpress futures account also entitles you to trade stocks, exchange-traded funds (ETFs), and options all in one account.)
If I open an account at either optionsXpress or Schwab, do I get access to services from both firms?
No, Schwab and optionsXpress are independent broker-dealers and their accounts are separate. To access the account services and features of both firms, you will need to open an account at each firm.
I am interested in opening an optionsXpress account and am already approved to trade options at my current broker. Will I also need to get options approved at optionsXpress in order to trade options there?
Yes, each firm handles options trading approvals separately.
To open an optionsXpress account, please complete an optionsXpress application.
Can I open an optionsXpress account through Schwab.com?
No, you will need to open an optionsXpress account at optionsXpress because Schwab and optionsXpress are independent broker-dealers. To open an optionsXpress account, please complete an optionsXpress application.
Where can I go to learn more about optionsXpress?
Learn more about the full capabilities of optionsXpress or call the Schwab concierge team at 877-903-7545.